Is it good to buy Gold coin jewelry for investment in gold?

The answer is yes and the reason being that it is essentially gold that you are buying and rather than buying the gold coins you will be actually wearing the gold coins. My only advice will be that you should be careful.
The way it works is that you will have a 14k gold Bezel which is has the screw on top which holds the gold coin tightly in the bezel. This will essential mean that you can buy a gold coin and then put it in the bezel and wear it as a jewelry.

Check this picture below of $20 Saint Gauden and it looks so beautiful in a rope style bezel.

gold-coin-jewelry

Where will you get the gold coin jewelry?

In most cases you will get the gold jewelry from the authorized gold jewels and the reason being that only the authorized dealer can sell the gold coins. The way these dealers work  is that they source the 14k gold bezels and then out the gold coins in the bezel. It is easy put the gold coins as you need to use loosen the screw on top and insert the coin.

Apart from the screw top gold coins you will also have the prong bezels and that will mean that they will have the special prongs which will hold the gold coins in place.

That said nothing beats the lure of the gold bullion bars as the most valuable form of gold because of the fact that you pay less premium on the gold. The 14k gold bezels are going to cost you additional money as well as it will be become a bit problematic in the sense that you just cannot sell it easily. The coin though can still be sold and there will always be good value associate to the coin.

Whether it is a good buy or not really depends on how often your wife is going to wear the gold coin. If the answer is yes then go for gold coin jewelry.

Talking about investments in gold you can even hold gold stocks and gold etf in your 401k account and if you need more detailed info on 401k or 401k rollover then read this.

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